A proposal currently being considered in Springfield would have a lasting negative impact on the Village's budget if enacted. The Governor and State legislators are considering a proposal that would reduce the amount of State-collected income taxes that are distributed back to municipalities as part of their 2018-2019 budget.
The proposal includes the continuation of a 10 percent reduction in revenues distributed to local municipalities through the Local Government Distributive Fund (LGDF) that was included in last year's State budget. What was billed last year as a one-time 10 percent reduction in LGDF distribution is coming back again this year as a continual reduction. Every year this proposal passes, it means over $130,000 in annual losses to the Village of La Grange Park, approximately 15% of our General Fund (our operating fund). This is a cut we felt last year and cannot afford to endure in future years. Click here for more information, including how to reach your local State Officials to voice your opinion on this issue.